Thursday, 7 April 2016

bba503 smu bba winter 2015 (april/may 2016 exam) Vth sem assignment

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BBA 503 – INTERNAL ASSIGNMENT


Q1. Explain the economic and non-economic factors which play a role in developing economy.
·         Economic factors
·         Non-economic factors

Answer:

A) Economic Factors in Economic Development:

In a country’s economic development the role of economic factors is decisive. The stock of capital and the rate of capital accumulation in most cases settle the question whether at a juven point of

Q2. Prepare a report on the trends in India’s national income growth and structure.
·         NI trends, growth and structure

Answer:
Trends in NNP :

The real national income of India has increased at an annual average rate of about 4.9 per cent based on 2004-05 prices during 1950-51 to 2009-10. There are two distinctive phases of economic growth in India since Independence: 1950-51 to 1980-81 and 1980-81 to 2009-


Question 3-    Explain the objectives of economic planning in India.

Sol:    The objectives of economic planning in India are:
1.            Economic Planning and Removal of Poverty
2.            Economic Planning and Social Justice.

            The Objectives can be briefly explained as:
From the


Question 4- Discuss the indicators in order to explain the role of public sector in Indian Economy.

Sol:   It would not be appropriate to use any single measure to estimate the role of the public sector in the Indian economy, rather it would be desirable to use a few indicators:

1.            Share of public sector in employment: There are two important categories of public sector employment: (a) Government administration and defence and other government


Question 5- Discuss any five components of price policy for growth.

Sol: The price policy designed to achieve the above objectives may have the following components:

1.            Price Control and Regulation
The government has accepted the policy of liberalization in all economic activities and accordingly it has relaxed in most cases and removed control on prices and distribution of goods. At the same

Q6. Elaborate on the financial relations between the Centre and the States.
·         Financial relations between the Centre and the States

Answer:

The Financial relationship between the Centre (Union) and the States is provided in the constitution. The constitution gives

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